MULTI SELLER PLATFORM

Our multi-seller system is a comprehensive e-commerce solution that empowers vendors with self-registration capabilities, enabling them to join our platform with ease and autonomy. Once onboarded, vendors can manage their catalogs, set competitive prices, create attractive promotions, and maintain real-time inventory control to ensure product availability. The system streamlines order processing, ensuring that each transaction is handled efficiently from the moment of purchase to the final delivery. Additionally, the platform facilitates prompt disbursement and secure payment processes, guaranteeing a smooth financial flow for all parties involved. This end-to-end system is designed to support vendors every step of the way, fostering a dynamic and thriving online marketplace.

Vendor/Seller Management

• Vendor Self-Registration: This feature allows vendors to sign up and create their accounts on the platform independently, without the need for intervention from the marketplace administrators. It streamlines the onboarding process, making it faster and more user-friendly for new vendors.

• Multiple Users per Vendor: Vendors can create multiple user accounts under a single vendor profile. This enables them to grant access to different members of their team, allowing for a collaborative approach to managing their online presence and sales.

• Permissions and Access Control: The system provides a robust permissions framework that vendors can use to set varying levels of access for their users. This ensures that sensitive data and critical functions are only accessible to authorized personnel, enhancing security and operational efficiency.

• Automatic or Manual Vendor Approval: The marketplace administrators have the flexibility to choose between automatic approval for new vendor accounts, which speeds up the process of adding new sellers to the platform, or manual approval, which allows for vetting and ensures that only reputable vendors are admitted.

Vendor Product Management

The “Easy Catalog Management” feature in our multi-seller system is designed to provide vendors with an intuitive and efficient way to manage their product listings, whether they are offering single items or products with multiple variants. Here’s an elaboration on the attributes and functionalities:

• Name: Each product is assigned a unique name, which serves as the primary identifier for customers browsing the marketplace.

• SKU (Stock Keeping Unit): This unique code distinguishes each product and variant, which is crucial for inventory tracking and management.

• Price: Vendors can set the price for each product or variant, giving them control over their pricing strategy.

• Minimum Order Quantity: This feature allows vendors to specify the smallest number of units purchased in a single order, which can be useful for bulk items or wholesale operations.

• Category: Products are organized into categories, making it easier for customers to find what they’re looking for and for vendors to reach their target audience.

• Display Window: A designated area on the platform where the product is prominently displayed, increasing visibility and potential sales.

• Product Description: A detailed product description highlighting its features and benefits to inform and entice potential buyers.

• Important Information: Any additional information crucial for the customer to know before making a purchase, such as warranty details or compatibility notes.

• Photos: High-quality images of the product that showcase it from various angles and visually represent what the customer will receive.

• Variants: For configurable products, vendors can list variants based on attributes like size, color, or material, allowing customers to select their preferred version.

• Shipping: Information related to shipping options, costs, and estimated delivery times.

• Dimensions and Weight: These details are essential for both shipping calculations and for customers to understand the size and heft of the product.

This management system streamlines listing and updating products, ensuring that vendors can easily maintain their online presence and that customers have access to all the information they need to make informed purchasing decisions.

Easy Stock Update

The “easy stock update” feature in our system is designed to simplify inventory management for vendors, offering multiple methods to ensure their stock levels are accurate and up-to-date. Here’s an elaboration on each method:

• Integration: The system can integrate with various e-commerce platforms and ERP systems, allowing for automatic synchronization of stock levels. This means that when a sale is made or new stock is received, the inventory numbers are updated in real-time across all connected systems.

• Mass Upload: For vendors who prefer to update their inventory in bulk, the system supports mass upload functionality. This can be done through CSV files or similar formats, where vendors can update multiple items at once, saving time and reducing the potential for manual entry errors.

• Individual Adjustment: The system also allows for individual stock adjustments. This is useful for making quick updates to specific products, such as when a vendor receives a return or identifies a discrepancy during a stock count.

These methods provide flexibility and efficiency in managing inventory, catering to the needs of vendors with different operational scales and preferences. Whether it’s through seamless integration, bulk updates, or individual adjustments, the system ensures that stock information is always current and reliable.

Intuitive Order Processing

The system is designed to be user-friendly, guiding users through each step of the order fulfillment process. It simplifies complex logistics tasks, making it easy for users to manage orders efficiently.

Shipping Label Template: A pre-designed template is provided to generate shipping labels, ensuring that all necessary information is included and formatted correctly for easy scanning and tracking during shipment.

Auto-cancellation by Deadline: If an order is not shipped by a specified deadline, the system will automatically cancel the order. This feature helps maintain operational efficiency and customer satisfaction by ensuring timely order processing12.

Export Order: The system allows users to export order details into a file, which can be used for record-keeping, analysis, or as input for other systems like inventory management or accounting software34.

Print Invoice: Users can easily generate and print invoices for orders directly from the system. This feature streamlines the billing process and ensures that all financial transactions are accurately documented56.

These features collectively contribute to a streamlined order management process, enhancing the overall efficiency and reliability of the system.

Payment and Disbursement

Our platform’s vendor management system is a robust suite designed to streamline running a multi-vendor marketplace's financial and operational aspects. It encompasses a range of features that automate and simplify processes such as disbursements, margin management, and financial tracking. With tools like an automatic disbursement engine, customizable vendor margins, and comprehensive balance histories, our system ensures that vendors can focus on growing their businesses.

• Disbursement Engine*: This component of the system automates the payment process to vendors after sales are made. It calculates the amount to be paid out, taking into account returns, cancellations, and other adjustments, ensuring accurate and timely payments.

• Manage Vendor Margin: The system allows marketplace administrators to set and manage margins for vendors, which can be a percentage of the sale price or a fixed amount. This feature helps in maintaining a profitable and competitive pricing strategy.

• Admin Services Fee: An administrative fee can be applied to transactions processed through the platform. This fee is typically used to cover the costs of running the marketplace and is automatically calculated and deducted during the disbursement process.

• Automatic Withdrawal or by Request: Vendors have the option to set up automatic withdrawals of their earnings to their bank accounts or they can choose to withdraw funds manually upon request. This provides flexibility in managing their cash flow.

• Withdrawal History: The system keeps a record of all withdrawals made by a vendor, providing a transparent and traceable financial history that vendors can review at any time.

• Balance History: Similar to withdrawal history, the system also tracks the balance history of each vendor’s account. This includes all credits and debits, giving vendors a comprehensive view of their financial transactions on the platform.

* payment gateway that support disbursement is required